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Daily Bulletin (23rd January, 2020)

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Daily Bulletin (23rd January, 2020)

1.Scrip code : 540879
Name : Apollo Micro Systems Limited
Subject : Board Meeting Intimation for Approving The A) Un-Audited Financial Results Of The Company For Quarter Ended December 31St,2019;B) Acquisition Of Majority Stake In Ananya SIP RF Technologies Private Limited;And C) Any Other Business/Matter With The Permission Of The Chair.
Apollo Micro Systems Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 01/02/2020 ,inter alia, to consider and approve a) Un- Audited Financial results of the Company for the Quarter ended December 31st,2019; b) Acquisition of majority stake in Ananya SIP RF Technologies Private Limited; and c) Any other business/matter with the permission of the Chair

2.Scrip code : 500165
Name : Kansai Nerolac Paints
Subject : Update Regarding The Joint Venture Between Kansai Nerolac Paints Limited And Polygel Industries Private Limited This is in furtherance of the following intimations by the Company to the Stock Exchanges with respect to the Joint Venture between Kansai Nerolac Paints Limited (‘KNPL’) and Polygel Industries Private Limited (‘Polygel’) i.e. 1. Letter dated May 7, 2019 with respect to the Joint Venture Agreement dated May 7, 2019 between KNPL and Polygel (‘said JVA’); and 2. Letter dated August 21, 2019 with respect to the Business Transfer Agreement dated August 21, 2019 between Nerofix Private Limited i.e. the Joint Venture Company incorporated in terms of the said JVA, Polygel, Promoters of Polygel and KNPL (‘said BTA’). We wish to inform you that transactions contemplated vide the said BTA have been completed and in terms of the said JVA, KNPL has completed the acquisition of 1,20,00,000 Equity Shares of Rs. 10 each of Nerofix Private Limited (i.e. 60% of the equity share capital). Shareholding pattern of Nerofix Private Limited is part of the letter enclosed.

3.Scrip code : 542367
Name : Xelpmoc Design and Tech Limited
Subject : Announcement under Regulation 30 (LODR)-Updates on Acquisition
We inform you that Board at their meeting held on Wednesday, January 22, 2020, started at 4:30 p.m. and concluded at 6:00 p.m., has considered and approved the following businesses: 1. Revision in terms & condition of investment in the securities of Leadstart Publishing Pvt Ltd (LPPL) i.e. investment in share warrants of LPPL instead of equity shares. The earlier proposal of investment in LPPL was approved by the Board at their meeting held on May 24, 2019. 2. Cancel the proposed investment in securities of Extrapolate Advisors Private Limited (EAPL), which was approved by the Board at their meeting held on July 10, 2019 and subsequently informed to the stock exchange on July 11, 2019. The details required under Regulation 30 of the SEBI (LODR) Regulations, 2015 read with SEBI Circular No. CIR / CFD / CMD / 4 / 2015, dated September 09, 2015, pertaining to above proposed modification stated in clause 1 is enclosed in Annexure 1 We request you to take the same on record.

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